City BusinessNews – Page 3 – City Business News

March 11, 2026 No Responses

Stock Market Drops As Investors Lose N726b

The Nigerian stock market closed on a negative note on Tuesday, reversing gains recorded in the previous trading session as investors lost N726 billion in market value.The downturn ended a three-day bullish streak in the market and was driven largely...

March 11, 2026 No Responses

SEC Unveils First Regulator–FinTech Clinic To Strengthen Innovation, Investor Protection

The Securities and Exchange Commission (SEC) has launched its inaugural Regulator–FinTech Clinic as part of efforts to deepen engagement with Nigeria’s rapidly expanding financial technology ecosystem while promoting regulatory compliance and investor prot...

March 10, 2026 No Responses

Tantita, Zaine Energy Begins Support Scheme In Delta Schools

Tantita Security Services Nigeria Limited (TSSNL), in partnership with Zaine, has commenced the Tantita–Zaine Energy CSR Educational Support Scheme aimed at supporting pupils in public primary schools with essential learning materials.The initiative commence...

March 10, 2026 No Responses

Conoil, Omatek, Oando Lift Stock Market With N147b

The Nigerian stock market opened the week on a positive note on Monday, with investors gaining N147 billion as market capitalisation climbed to N126.583 trillion.The gain was driven by sustained demand for stocks such as: Conoil, Legend Internet Omatek, NGX...

March 10, 2026 No Responses

NCDMB, Seplat Inspect Generators for NOGAPS Odukpani Project

As part of the Capacity Development Initiative (CDI) under the support of Seplat Energy Plc for the NOGAPS Odukpani Gas Generator Project, officials of the Nigerian Content Development and Monitoring Board (NCDMB) and Seplat personnel conducted a joint inspect...

March 10, 2026 No Responses

Omeje Bows Out Of FRSC At 60

Deputy Corps Marshal of the Federal Road Safety Corps (FRSC), Hyginus Omeje, on Monday bowed out of active service after attaining the statutory retirement age of 60 years, bringing to a close decades of distinguished service to the nation.Omeje, who...

March 9, 2026 No Responses

NDDC Kicks Off Performance Management System Implementation

The Niger Delta Development Commission, NDDC, has commenced the implementation of the Performance Management System, PMS, aimed at enhancing staff efficiency with a view to ensuring better service delivery.Speaking during a two-day retreat for the deployment a...

March 9, 2026 No Responses

NNPC Boss: OPL 245 Deal May Unlock 150,000bpd For Nigeria’s Oil Output

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has said the resolution of the dispute surrounding oil prospecting lease (OPL) 245 will enable the development of the Zabazaba–Etan deepwater project.In a...

March 8, 2026 No Responses

EFCC Arraigns Four For Alleged N2bn Oil Fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Ikoyi, on Friday, March 6, 2026, arraigned the quartet of Babatunde Olukunle Oyefolu, Babayemi Isaac Olatunde Ezekiel Abaki and Plural Oil Marketing Limited for an alleged N2bn oil ...

March 7, 2026 No Responses

Shippers’ Council, Ogun Partners On Inland Dry Port

The Nigerian Shippers’ Council (NSC), and Ogun State Government are partnering to fast -track the development of Gateway Inland Dry Port project.The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council, Dr. Akutah Pius led ...

March 7, 2026 No Responses

EFCC Hands Over Recovered N279m To Wole Soyinka Centre

The Economic and Financial Crimes Commission, EFCC, has handed over the sum of N279 million (Two Hundred and Seventy-nine Million ) to the Wole Soyinka Centre for Culture and the Creative Arts, formerly known as the National Theatre, Lagos, as...

March 6, 2026 No Responses

TINUBU INAUGURATES COMMITTEE ON GRID ASSET MANAGEMENT COMPANY

President Bola Tinubu on Friday constituted an 11-member committee to ensure the smooth sailing incorporation of the Grid Asset Management Company Limited (GAMCO).The committee’s constitution followed the Federal Executive Council’s approval of the...

March 6, 2026 No Responses

TINUBU APPROVES POSTINGS OF AMBASSADORS

President Bola Ahmed Tinubu has approved the postings of 31 career and 34 non-career ambassadors to various countries and the United Nations.The Senate confirmed the ambassadors-designate last December. POSTINGS OF NON-CAREER AMBASSADORS / HIGH COMMISSIONERS S...

March 6, 2026 No Responses

CAC, BPP Strengthen Partnership

The Corporate Affairs Commission (CAC) and the Bureau of Public Procurement (BPP) have resolved to deepen collaboration to support the Federal Government’s drive toward building a trillion-dollar economy.The decision was reached on Thursday during a courtesy...